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UK court says Santander isn’t liable for most of AXA’s losses. Genworth is weighing next steps.
Summary by stocktitan.net
15 Articles
15 Articles
Santander wins UK appeal over $912 million AXA US PPI ruling
British justice takes a turn in the conflict between the bank and the insurer over the marketing of payment protection policies 20 years ago
Genworth Issues Statement on Court of Appeal Ruling Against AXA in UK Payment Protection Insurance Case
+5 Reposted by 5 other sources
This is a dispute over payment protection insurance
The French insurer must pay the sums already paid.
The London Court of Appeal ruled in favour of Santander in his legal arm with AXA with regard to PPI borrower insurance. It thus overturns a decision of first instance which ordered the Spanish bank to pay some 677 million pounds to the French insurer.
Coverage Details
Total News Sources15
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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